Ardonagh Group
Towergate announces management shuffle after retail split
Towergate has today announced three appointments as part of the separation of its retail business announced last October.
2014 tipped to see consolidation surge as sector’s M&A appetite increases
Regulatory certainty, soft market and economic recovery make deals likely.
RSA weighs up fund-raising options as it seeks to avoid rating downgrade
Insurer facing potential £35m fine and may need to raise up to £300m in capital.
Market Moves - 16 January 2014
Beazley and LV Broker were among the insurers making changes to personnel this week, while Towergate featured among the brokers making moves.
Oval staff informed of Gallagher talks ahead of March deal
Oval staff have been informed about the broker being in exclusive acquisition talks with Arthur J Gallagher, a source close to Oval has said.
Towergate completes triple acquisition
Towergate has inked deals to acquire Canworth Commercial, Irvine Insurance Services and John Fairley Insurance.
Towergate appoints Ben Alexander as digital head
Towergate has appointed Ben Alexander as its head of digital tasked with helping to grow income from the business’ digital channels.
Penny Black's Insurance Week
While Penny enjoyed snuggling down in front of the fire with a bottle of sherry and a big box of champagne truffles to watch Downton Abbey this Christmas, she was less obsessive about festive film viewing than the Towergate office, where one member of…
Cullum set to launch equity release venture
A new broker equity release venture backed by Towergate's non-executive deputy chairman Peter Cullum is set to launch in the coming weeks.
Polaris renews IBM imarket contract
Polaris UK has renewed its imarket contract with IBM following a strategic review.
UK General prepares for 2014 schemes growth with three hires
UK General has made a trio of appointments to broaden the scope and knowledge of its schemes division, in anticipation of a period of expansion.
Insurance Technology Conference: Insurers must wake up to the risks of misusing data
Data presents huge opportunities for insurers but the potential for misusing it is a serious risk for the industry, according to speakers at Post's Insurance Technology conference.
Market Moves: Southern Rock swoops for Brightside staff plus new roles for Gienal and Carruthers
This week saw insurance group Southern Rock grab the headlines when Post exclusively revealed the insurance group, parent of Go Skippy, had swooped for five staff at Brightside. Also hiring this week were Covéa, while Zurich UK found itself a vacancy…
Interview: Ray Vincent: A decade and counting
Celebrating 10 years since his firm was born out of the ashes of disaster, Transactor founder Ray Vincent explains why increasing headcount, the mainstream market and London managing general agents will feature in the future of the brand.
Paymentshield hands director role to Co-op customer relations boss
Paymentshield has appointed the Co-operative Banking Group’s head of customer relations to the newly created role of customer service director.
Towergate director McCaffrey to exit the company
Towergate Underwriting sales and marketing director James McCaffrey is to leave the broker after ten years at the firm.
Towergate confirms Footman James acquisition
Towergate Insurance has confirmed the completion of the Footman James acquisition.
Career file - Paul Williams: Williams to replace Holman as Brightside CEO
Brightside has appointed Towergate director Paul Williams to take over as chief executive early next year following the departure of Martyn Holman.
Towergate tipped to escape with FCA ticking off after misallocation of £15m
Auditor KPMG could find itself in the firing line for failing to spot error.
Editor's comment: The benefits of owning up
It is not unusual for the average person to have a personal bank account, a credit card account and a savings account.
Towergate acquisition of Footman James complete
Aon Risk Solutions has completed the sale of niche motor broker Footman James to Towergate.
KPMG audited Towergate throughout client money failures
Big four professional services firm KPMG served as Towergate’s external auditor during a four year spell in which the broker misallocated £15m.
Penny Black's Insurance Week - 5 December 2013
Penny has discovered Brightside finance director Paul Chase-Gardener’s hidden talent – the ability to predict the very near future.
New PI business to be launched by ex-Towergate team
A former Towergate employee is to launch a Sheffield-based professional indemnity underwriting business called The PI Desk.